Ethiopia Market Profile

June 9, 2015 - 2:51pm from Private Sector Development Blog
How can financial inclusion and financial integrity policies complement each other? That question was addressed in a report recently released looking at the state of Ethiopia’s anti-money laundering/combating the financing of terrorism (AML/CFT) framework.   The assessment was conducted by a World Bank Group team of experts and published by the
June 4, 2015 - 5:50am from BRAC Blog
This blog was originally posted on the Center for Financial Inclusion Blog.   Microfinance clients at a village organisation meeting in Rajshahi This month, the results from six ...
June 2, 2015 - 8:55pm from Microfinance Africa
A new report by Oxfam has revealed that international companies cheated Africa out of $11 billion in 2010. The report titled “Africa: Rising for the Few” released yesterday revealed that the loss is equivalent to more than six times the amount needed to deliver universal primary healthcare in the Ebola-affected countries of Sierra Leone, Liberia, Guinea and Guinea Bissau. “The companies achieved this through just one of the tricks used by multinational companies to reduce ...
June 1, 2015 - 9:39pm from Center for Financial Inclusion Blog
> Posted by Shameran Abed, Director, BRAC Microfinance Program Shameran Abed, BRAC’s Director of Microfinance, joined the Microfinance CEO Working Group in January. He joins the Working Group’s efforts to support the positive development of the microfinance industry and brings tremendous insight into the ...
June 1, 2015 - 2:51pm from MicroCapital
“A multifaceted program causes lasting progress for the very poor: Evidence form six countries;” published by Science, 15 May 2015, available at http://www.sciencemag.org/content/348/6236/1260799.full This study reports that a multifaceted “graduation” program generated improvements in the wellbeing of the “poorest of the poor.” The program provides families with a free productive asset, such as a ...
May 31, 2015 - 6:58pm from Microfinance Africa
Africa, will in july hold a conference in Adis Ababa Ethiopia on global tax system. According to Oxfam’s Senior Policy Advisor, Vanessas Inko-Dokubo , international tax system is broken and unfair, that hampers Africas ability to raise more tax revenue, by a system that facilites tax dodging by multinational companies ,but favours rich countries where multinational companies are resident. Inko-Dokubo added that, by that means, it encourages poor countries to ...
April 14, 2015 - 2:03pm from Private Sector Development Blog
A new global network of Climate Innovation Centers will support the most innovative private-sector solutions for climate change.   Pop quiz: What does an organic leather wallet have in common with a cookstove for making flatbread and a pile of recycled concrete?   Believe it or not, each of these represents something revolutionary: a private sector-driven approach to climate change. Each of these products – yes, even concrete – is produced by an ...
April 7, 2015 - 7:23pm from Microfinance a Working Solution to Global Poverty
Running along the eastern part of the African continent, the Rift Valley is a prominent geological feature. Originally thought to extend from Jordan to Mozambique, geologists now note that the full Rift Valley is comprised of several smaller Rifts – including what is now considered the East Africa Rift, extending from the Afar Depression in Ethiopia to Mozambique. Unlike traditional valleys created by rivers or other forms of erosion, Rift Valleys are created by shifts in the ...
March 30, 2015 - 5:05am from MicroCapital
Ethiopian banks and microfinance institutions increasingly are adopting mobile money services to allow their customers to send or receive money using mobile phones and other devices linked to their financial account. For example, Moss ICT Consultancy, which was founded as M-Birr in 2009 as a spin-off of Ireland-based NCL Technologies, is marketing its M-Birr service in rural areas [1]. While it was launched on a pilot basis in 2013, M-Birr only recently was approved by the National Bank ...
March 13, 2015 - 3:16pm from Center for Financial Inclusion Blog
> Posted by Center Staff #147841446 / gettyimages.com In over 100 countries around the world, central banks, stock markets, finance providers, NGOs, and others are coming together en masse this week and next to target the financial inclusion of one of the most underserved client segments: children and youth.
February 19, 2015 - 9:39pm from Acumen Fund Blog
Acumen announces its new investment in First Access, a data analytics company improving access to formal financial services for low-income East African communities. In East Africa, only 22 percent of the population has access to formal financial services with the region’s poor having even less at 10 percent. ...
February 5, 2015 - 4:32pm from Center for Financial Inclusion Blog
> Posted by the Microfinance CEO Working Group The following post was originally published on the Microfinance CEO Working Group blog. The American Economic Journal has published an issue dedicated to six new studies measuring the impact of ...
February 3, 2015 - 1:52pm from Microfinance Africa
The MFI has acquired a CORE banking system from Neptune for undisclosed sum The Somlai Region is going to open a second Micro Finance Institution (MFI) from which is going to extend loans from 10pc to 20pc. This will be the second in the region. Rays MFI received approval from the National Bank of Ethiopia (NBE) on January 26, 2015, which will enable it to commence operations. This happened four years after the first, the Somali MFI, opened its office in the ...
February 2, 2015 - 9:06am from Google news - microfinance
Somali Region Gets a Second Micro Finance InstitutionsAddis FortuneThe Somlai Region is going to open a second Micro Finance Institution (MFI) from which is going to extend loans from 10pc to 20pc. This will be the ...
February 2, 2015 - 3:30am from Acumen Fund Blog
Acumen is proud to announce the selection of our fourth cohort of East Africa Fellows. After a competitive application process, we’ve chosen a diverse group of 21 leaders from five different countries in the region: Kenya, Uganda, Tanzania, Rwanda and, for the first time, Ethiopia. This year’s Fellows are fighting poverty and changing lives across East Africa through unique initiatives that range from providing much-needed ambulance services to helping make hygienic sanitation more ...
January 31, 2015 - 10:53am from MicroCapital
Event Name: Services for the Poor: Lessons and Implications of the Latest Research on Credit Event Date: February 27, 2015 Event Location: Preston Auditorium, World Bank Headquarters, Washington DC Cost: The event is free of charge, however advance registration is necessary. Summary of Event: This conference will present the findings from randomized evaluations that evaluate the impacts of microfinance in Bosnia and Herzegovina, Ethiopia, India, Mexico, ...
January 26, 2015 - 12:48pm from Microfinance Africa
Six studies in four continents, including one in India, have shown no evidence of microcredit successfully alleviating poverty, researchers said on Friday. Microcredit also had no impact on women’s empowerment, the findings showed, upturning one of the articles of faith of development policy, including in India. Conducted by researchers affiliated to Innovations for Poverty Action (IPA) and The Abdul Latif Jameel Poverty Action Lab (J-PAL) at MIT, which has gained a global ...
December 22, 2014 - 6:16pm from Center for Financial Inclusion Blog
> Posted by Madeleine Dy, International Programs Manager, Water.org More than 100 leaders from the water, sanitation, and finance sectors came together October 21-22, 2014 for the second East Africa WaterCredit Forum in Nairobi to share progress made and to brainstorm lasting solutions to the water and sanitation crisis affecting East Africa. In Kenya, for example, access to safe ...
November 21, 2014 - 5:40pm from GiveWell Blog
Summary The Deworm the World Initiative (DtWI), led by Evidence Action, received approximately $2.3 million as a result of GiveWell’s recommendation last year. While there were some deviations, it largely allocated these funds as we expected. DtWI now has limited room for funding; it is currently seeking to raise an additional $1.3 million to support its activities in 2015 and 2016. We expect it to allocate approximately 30% of the additional funds it ...
November 10, 2014 - 3:26pm from GiveWell Blog
Note: GAIN has reviewed a draft of this post and added responses below. The Global Alliance for Improved Nutrition (GAIN) focuses on reducing malnutrition by fortifying foods and condiments with essential nutrients and through other interventions. We have been considering GAIN for a 2014 recommendation for its work on Universal Salt Iodization (USI) because of our impression that iodization has strong evidence of effectiveness, cost-effectiveness, and room for more funding ...